Trading activities on the Nigerian equity market for today Tuesday (05/04/2022), closed bullish, halting the negative trend at two. The NGX-ASI grew by 0.19% to 46,777.37 from 46,687.85, indicating a YTD return of +9.51%. Similarly, the market capitalization also rose to N25.22 trillion from N25.17 trillion. The market turnover increased to N2.34bn from N1.93bn. The market breadth closed positive at 0.90x, as 18 stocks advanced against 20 stocks that declined, while 64 stocks remained unchanged. The share prices of MEYER gained 8.86% to top the gainers’ list, while NPFMCRFBK declined by -9.64% to lead the losers’ chart.
Stocks whose share prices gained during intra-day trading include: MEYER (+8.86%), REGALINS (+7.14%), FTNCOCOA (+6.45%), CUTIX (+5.85%), CAVERTON (+5.56%), UPDCREIT (+4.55%), ZENITHBANK (+3.41%), GTCO (+2.52%), SEPLAT (+2.15%), LIVESTOCK (+2.10%), ACCESSCORP (+1.56%), JAIZBANK (+1.52%), UBA (+1.33%), OANDO (+1.25%), FCMB (+0.95%), and STERLNBANK (+0.67%)

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MARKET STATISTICS
| CAP | N25,218,159,269,283.86 | One Day (ASI CHG) | +0.19% |
| Index | 46,777.37 | One Week (ASI CHG) | -0.14% |
| Volume | 257,413,873 | One Month (ASI CHG) | -1.04% |
| Value | N2,342,628,127.24 | Six Months (ASI CHG) | +14.89% |
| Deals | 4,410 | 52 Weeks (ASI CHG) | +20.20% |
| Gainers | 18 | Losers | 20 |
| Unchanged | 64 | Total | 102 |
| YTD Returns | +9.30% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change Percent |
| ASI | 0.19 |
| NGX30 | 0.30 |
| NGXBNK | 1.73 |
| NGXCNSMRGDS | -0.34 |
| NGXINDUSTR | -0.05 |
| NGXINS | -0.93 |
| NGXLOTUSISLM | -0.05 |
| NGXOILGAS | 1.42 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | % Change |
| MEYER | 0.79 | 0.86 | 0.07 | 8.86 |
| REGALINS | 0.28 | 0.30 | 0.02 | 7.14 |
| FTNCOCOA | 0.31 | 0.33 | 0.02 | 6.45 |
| CUTIX | 2.05 | 2.17 | 0.12 | 5.85 |
| CAVERTON | 1.26 | 1.33 | 0.07 | 5.56 |
| NIGERINS | 0.20 | 0.21 | 0.01 | 5.00 |
| UPDCREIT | 3.30 | 3.45 | 0.15 | 4.55 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | % Change |
| NPFMCRFBK | 2.49 | 2.25 | -0.24 | -9.64 |
| LEARNAFRCA | 1.86 | 1.69 | -0.17 | -9.14 |
| MULTIVERSE | 0.23 | 0.21 | -0.02 | -8.70 |
| RTBRISCOE | 0.60 | 0.56 | -0.04 | -6.67 |
| NASCON | 12.90 | 12.20 | -0.70 | -5.43 |
| HONYFLOUR | 3.55 | 3.38 | -0.17 | -4.79 |
| CORNERST | 0.63 | 0.60 | -0.03 | -4.76 |
Top 7 Traders By Volume
| Security | Close Price | Trades | Daily Volume | Daily Value |
| FIDELITYBK | 3.43 | 249 | 67,434,403 | 230,584,427.74 |
| TRANSCORP | 1 | 219 | 40,889,402 | 41,390,334.59 |
| WAPIC | 0.4 | 180 | 18,317,554 | 7,373,008.23 |
| GTCO | 22.35 | 437 | 15,274,304 | 341,232,841.75 |
| ACCESSCORP | 9.75 | 169 | 14,484,497 | 141,311,161.40 |
| ZENITHBANK | 22.75 | 401 | 12,070,787 | 275,017,223.45 |
| NGXGROUP | 23.95 | 78 | 8,188,802 | 195,098,798.25 |
Top 7 Traders By Value
| Security | Close Price | Trades | Daily Volume | Daily Value |
| GTCO | 22.35 | 437 | 15,274,304 | 341,232,841.75 |
| SEPLAT | 950 | 19 | 305,070 | 289,119,596.60 |
| ZENITHBANK | 22.75 | 401 | 12,070,787 | 275,017,223.45 |
| MTNN | 212 | 262 | 1,261,008 | 265,604,075.70 |
| FIDELITYBK | 3.43 | 249 | 67,434,403 | 230,584,427.74 |
| NGXGROUP | 23.95 | 78 | 8,188,802 | 195,098,798.25 |
| ACCESSCORP | 9.75 | 169 | 14,484,497 | 141,311,161.40 |
OUTLOOK
The equity market regains momentum after today’s trading activity, as bargain hunting was seen in some recently depreciated stocks. However, major swings are not expected in the market just yet as investors continue to trade cautiously, as the global inflation crisis seems to be looming.

